So where are all the fools and people yanking this stock to $1.50 and $2.00 for months. And all those morons complaining about the whinging on CXO thread - I hope you guys are happy with the SP
I have nothing against you guys, but please when you see a spade call it a spade.
What has happened today is really out of the company's control - SPOD prices falling on the open markets - but the question is how did we get here.
Thats where the DUD CEO comes into perspective. He has just not performed - I hold almost 500K shares, and that's a worry for me. I am in a heavy loss, and I am okie with that.
My rationale to invest:
1) was about a company about to go into production in a tight spod market,
2) which it has, but, and a big but shorters don't believe this guy can produce on time, within budget, at capacity,
3) now add to drama the spod prices wont stay high long enough.
4) Then you add mine life,
5) plus their agreed pricing mechanism, which no one really knows apart from CXO management,
6) Lastly and the biggest component - the complete silence from this DUD CEO
and you have a SP under 90cents
I guess we all wait and hope for the best.
Comparisons with PLS are utter stupidity - a well run company, with the right management, right people, and right resources
I guess the question for all of you is how do we reach out to this CEO, who doesn't really answer emails or concerns? I mean what right do shareholders have to voice their opinion?
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Mkt cap ! $198.7M |
Open | High | Low | Value | Volume |
9.9¢ | 10.0¢ | 9.3¢ | $3.295M | 34.70M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 365887 | 9.3¢ |
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Price($) | Vol. | No. |
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9.4¢ | 883409 | 8 |
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3 | 160000 | 0.093 |
8 | 228042 | 0.092 |
5 | 162000 | 0.091 |
15 | 566558 | 0.090 |
6 | 244301 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 814846 | 6 |
0.096 | 114900 | 3 |
0.097 | 280988 | 2 |
0.099 | 510000 | 3 |
0.100 | 414411 | 8 |
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